abrdn New India Investment Trust (LON:ANII) Hits New 1-Year High at $698.00

abrdn New India Investment Trust (LON:ANIIGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 698 ($8.69) and last traded at GBX 690 ($8.59), with a volume of 53888 shares traded. The stock had previously closed at GBX 688 ($8.56).

abrdn New India Investment Trust Stock Performance

The firm’s fifty day simple moving average is GBX 665.28 and its 200 day simple moving average is GBX 637.54. The company has a market capitalization of £372.73 million, a price-to-earnings ratio of -1,158.33 and a beta of 0.39. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.33 and a quick ratio of 0.22.

abrdn New India Investment Trust Company Profile

(Get Free Report)

Aberdeen New India Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.

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